87-0587 - Centrally Assessed

 

BEFORE THE UTAH STATE TAX COMMISSION

_____________________________________

XXXXX

ORDER OF APPROVAL )

PROPERTY TAX DIVISION OF THE )

UTAH STATE TAX COMMISSION, ) Appeal No. 87-0587

STATE OF UTAH, )

Respondent. )

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STATEMENT OF CASE

The above-captioned matter involves an appeal to the Utah State Tax Commission from the assessment by the Property Tax Division of the Utah State Tax Commission on the subject property. Petitioner asserted that the subject property should have a lower taxable value as of the lien date, XXXXX. Petitioner and Respondent agreed to the following facts: That the value for property tax purpose for XXXXX for the total company is $$$$$. This valuation agreement does not reflect an agreement by either party to any specific methodology, accounting information, or other data. XXXXX Counties had standing to object to the assessment of the subject property pursuant to Utah Code Annotated Section 59-2-1013, but elected not to show cause.

ORDER

Based on the foregoing, the Utah State Tax Commission finds the system value of the subject property for the tax year XXXXX to be $$$$$. The Property Tax Division of the Utah State Tax Commission is hereby ordered to adjust its records in accordance with this Order of Approval.

DATED this 12 day of May, 1989.

BY ORDER OF THE UTAH STATE TAX COMMISSION.

R. H. Hansen Roger O. Tew

Chairman Commissioner

Joe B. Pacheco G. Blaine Davis

Commissioner Commissioner

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